Thursday, 1 December 2022
Trending
Businesses

Japan action against trade of illegal used cars in Pakistan

The Pakistani embassy in Tokyo is taking legal steps to resolve the issue under applicable laws and, to reduce any potential hassle that may result from illegitimate trade.

Amid growing protests among the Pakistani business community in Japan, the Japanese government has announced action against the approval of used vehicles on the basis of forged / forged documents.

“In response to the growing protests among the Pakistani business community in Karachi over the approval of used vehicles on the basis of forged / forged documents, media reports about recent fraud by Pakistan Customs in Karachi In view of this, the Embassy of Pakistan in Tokyo is taking all legal steps in both Pakistan and Japan to resolve this issue under the applicable law.” said by the Pakistani embassy in Japan.

Pakistani Embassy in Japan |

Forged documented vehicle

On December 24, 2020, the Consul of Trade and Investment (TIC) reported to the concerned authorities in Pakistan – Chief Collector Customs (Assessment) Karachi, Federal Board of Revenue and Ministry of Commerce, for clearance / Submission of forged documents. A vehicle in Karachi with a fake embassy stamp / stamp and a fake TIC signature.

FIR against the customs clearing agents

As a result of the investigation launched by the FBR / Customs into the report of this incident. The authorities have also revealed additional cases of fraud for which Pakistan Customs has already filed an FIR against the customs clearing agents in Karachi. Legal action has been initiated in the form of IR. In Japan, the Department of Trade and Investment has already reported the matter. To the relevant authorities for verification and further investigation.

Ministry of commerce announced the import policy of new and used cars under Import Policy Order, 2020 | ALSO READ

It said that the mission had informed the customs authorities in a timely manner. To avoid forged clearance of the vehicle on the basis of forged / forged documents. It had already proposed to revise the scheme for import of used vehicles in Pakistan. And to automate the clearance process for vehicles. A WEBOC module to prevent such exploitation and fraud in the future.

Top-Tax-Consultants-Lahore-Pakistan-Global-Tax-Consultants
A d v e r t i s e m e n t

“To support and facilitate legitimate business activities. The Trade and Investment Department handling all legitimate cases of Pakistanis residing in Japan entering as usual without any delay.” The embassy said that the customs officials in Karachi had assured the embassy. To sort out the real issues of import of used vehicles in Pakistan.

Source | Used Cars | FBR | Federal Board of Revenue | Customs | Used Cars Import Policy | Council of Trade & Investment (TIC) |

LATEST POSTS

  • What is the New Tax Deadline for 2022 Pakistan
    What is the New Tax Deadline for 2022 Pakistan What is the New Tax Deadline for 2022 Pakistan? Federal Board of Revenue (FBR) has issued a circular to relax the income tax return filing deadline up to December 15, 2022….
  • What is Section 154A 1% Tax on IT Export Services
    What is Section 154A 1% Tax on IT Export Services What is Section 154A 1% Tax on IT Export Services? As you know Income from IT and IT-enabled services were exempt from income tax previously. Then through tax laws (Second…
  • Will FBR Extend the Last Date to file Income Tax Returns
    Will FBR Extend the Last Date to file Income Tax Returns? Will FBR Extend the Last Date to file Income Tax Returns? The majority of taxpayers have filed their income tax returns for the tax year 2022. However, Still, tax…
  • New Business Ideas in Pakistan for Females
    New Business Ideas in Pakistan for Females New Business Ideas in Pakistan for Females. Nowadays females are in front of getting a higher education and performing well in practical life also. Getting a good job is a big life achievement…
  • What RTO Lahore achieved in Tax Returns and Revenue
    What RTO Lahore achieved in Tax Returns and Revenue What RTO Lahore achieved in Tax Returns and Revenue. According to a media report, FBR Regional Tax Office (RTO) Lahore has recently acquired about 477,000 annual Income Tax Returns. Revenue generation…
  • FBR Iris Website is currently Under Maintenance
    FBR Iris Website is currently Under Maintenance FBR Iris Website is currently Under Maintenance. As per FBR‘s information on his IRIS website, the website is currently unavailable and is under maintenance. FBR said, ” We are sorry for the inconvenience,…

Related posts
Businesses

Launch of 5G again Delayed in Pakistan

Table of Contents Launch of 5G again Delayed in Pakistan Launch of 5G again Delayed in…
Read more
Businesses

Is Elon Musk Charging for Twitter

Table of Contents Is Elon Musk Charging for Twitter Is Elon Musk Charging for Twitter Is Elon…
Read more
Businesses

Latest About Pakistan Industrial Expo 2022

Table of Contents Latest About Pakistan Industrial Expo 2022Items to show case at ExpoDate, time…
Read more
Newsletter
Subscribe Now

Sign up for  Daily Digest and get the best of News for you.